0001654954-19-010667.txt : 20190912 0001654954-19-010667.hdr.sgml : 20190912 20190912160227 ACCESSION NUMBER: 0001654954-19-010667 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190911 ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Unregistered Sales of Equity Securities FILED AS OF DATE: 20190912 DATE AS OF CHANGE: 20190912 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Amazing Energy Oil & Gas, Co. CENTRAL INDEX KEY: 0001375618 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 820290112 STATE OF INCORPORATION: NV FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-52392 FILM NUMBER: 191090444 BUSINESS ADDRESS: STREET 1: 5700 W. PLANO PARKWAY STREET 2: SUITE 3600 CITY: PLANO STATE: TX ZIP: 75903 BUSINESS PHONE: (972) 233-1244 MAIL ADDRESS: STREET 1: 5700 W. PLANO PARKWAY STREET 2: SUITE 3600 CITY: PLANO STATE: TX ZIP: 75903 FORMER COMPANY: FORMER CONFORMED NAME: GOLD CREST MINES INC DATE OF NAME CHANGE: 20060915 8-K 1 amaz_8k-17772.htm AMAZING ENERGY OIL & GAS, INC. 8-K Blueprint
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported)
September 11, 2019
 
AMAZING ENERGY OIL AND GAS, CO.
(Exact name of registrant as specified in its charter)
 
NEVADA
(State or other jurisdiction of incorporation)
 
000-52392
(Commission File No.)
 
5700 W. Plano Parkway, Suite 3600
Plano, Texas 75093
(Address of principal executive offices and Zip Code)
 
(855) 448-1922
(Registrant’s telephone number, including area code)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
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Item 2.03
Creation of a Direct Financial Obligation
 
On September 11, 2019 Amazing Energy Oil & Gas, Co. (“Amazing” or the “Company”) finalized a loan agreement with Morningview Financial, LLC whereby the Company borrowed the aggregate sum of two hundred fifty thousand and no/100 dollars ($250,000.00) (the “Loan”).
 
The loan contained an original issue discount of ten percent (10%), bears interest at the rate of twelve percent (12%) per annum, matures on March 02, 2020 (the “Maturity Date”) and is convertible in whole or in part, at any time prior to the date the Loan is repaid in full, into shares of the Company’s common stock at a fifty percent (50%) discount to the market price of the Company’s common stock. The Company may pre-pay the Loan, in full, at any time prior to the Maturity Date so long as Company is not in default under any terms of the Loan.
 
The proceeds of the Loan will be used for general working capital.
 
Item 3.02
Unregistered Sales of Equity Securities.
 
The Company issued, as a commitment fee related to the Loan, a total of one million eight hundred seventy-five thousand (1,875,000) shares of its common stock (the “Shares”). If the Loan is paid off on or before the Maturity Date, one million five hundred sixty-two thousand five hundred (1,562,500) of the Shares will be returned to the Company and canceled.
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Dated this 11th day of September, 2019.
 
 
AMAZING ENERGY OIL AND GAS, CO.
 
 
 
 
 
 
 
 
BY:
/s/ Will McAndrew III
 
 
Will McAndrew III, CEO
 
 
 
 
 
 
 
 
 
 
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